Sally Beauty Holdings Inc
Sally Beauty Holdings, Inc. operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and … Read more
Sally Beauty Holdings Inc (SBH) - Net Assets
Latest net assets as of December 2025: $823.57 Million USD
Based on the latest financial reports, Sally Beauty Holdings Inc (SBH) has net assets worth $823.57 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.85 Billion) and total liabilities ($2.03 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $823.57 Million |
| % of Total Assets | 28.89% |
| Annual Growth Rate | 2.26% |
| 5-Year Change | 182.9% |
| 10-Year Change | N/A |
| Growth Volatility | 496.45 |
Sally Beauty Holdings Inc - Net Assets Trend (2001–2025)
This chart illustrates how Sally Beauty Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sally Beauty Holdings Inc (2001–2025)
The table below shows the annual net assets of Sally Beauty Holdings Inc from 2001 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $794.21 Million | +26.36% |
| 2024-09-30 | $628.53 Million | +23.55% |
| 2023-09-30 | $508.75 Million | +73.26% |
| 2022-09-30 | $293.64 Million | +4.59% |
| 2021-09-30 | $280.74 Million | +1717.92% |
| 2020-09-30 | $15.44 Million | +125.60% |
| 2019-09-30 | $-60.32 Million | +77.54% |
| 2018-09-30 | $-268.56 Million | +26.14% |
| 2017-09-30 | $-363.62 Million | -31.67% |
| 2016-09-30 | $-276.17 Million | +7.27% |
| 2015-09-30 | $-297.82 Million | +14.19% |
| 2014-09-30 | $-347.05 Million | -14.36% |
| 2013-09-30 | $-303.48 Million | -163.70% |
| 2012-09-30 | $-115.08 Million | +47.45% |
| 2011-09-30 | $-218.98 Million | +52.53% |
| 2010-09-30 | $-461.27 Million | +25.05% |
| 2009-09-30 | $-615.45 Million | +12.45% |
| 2008-09-30 | $-702.96 Million | +8.43% |
| 2007-09-30 | $-767.71 Million | -176.32% |
| 2006-09-30 | $1.01 Billion | +11.74% |
| 2005-09-30 | $900.30 Million | +14.52% |
| 2004-09-30 | $786.16 Million | +15.92% |
| 2003-09-30 | $678.17 Million | +17.76% |
| 2002-09-30 | $575.87 Million | +23.84% |
| 2001-09-30 | $465.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sally Beauty Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 89807600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $898.08 Million | 113.08% |
| Common Stock | $979.00K | 0.12% |
| Other Comprehensive Income | $-104.85 Million | -13.20% |
| Total Equity | $794.21 Million | 100.00% |
Sally Beauty Holdings Inc Competitors by Market Cap
The table below lists competitors of Sally Beauty Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Westone Information Industry Inc
SHE:002268
|
$1.36 Billion |
|
Xenia Hotels & Resorts Inc
NYSE:XHR
|
$1.36 Billion |
|
JinkoSolar Holding Company Limited
NYSE:JKS
|
$1.36 Billion |
|
Zhejiang Narada Power Source
SHE:300068
|
$1.36 Billion |
|
Fujian Funeng Co Ltd
SHG:600483
|
$1.36 Billion |
|
Peker Gayrimenkul Yatirim Ortakligi AS
IS:PEKGY
|
$1.36 Billion |
|
Shandong Weigao Group Medical Polymer Company Limited
F:UK2
|
$1.36 Billion |
|
PT Kalbe Farma Tbk
PINK:PTKFF
|
$1.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sally Beauty Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 628,535,000 to 794,207,000, a change of 165,672,000 (26.4%).
- Net income of 195,878,000 contributed positively to equity growth.
- Share repurchases of 53,996,000 reduced equity.
- Other comprehensive income increased equity by 8,321,000.
- Other factors increased equity by 15,469,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $195.88 Million | +24.66% |
| Share Repurchases | $54.00 Million | -6.8% |
| Other Comprehensive Income | $8.32 Million | +1.05% |
| Other Changes | $15.47 Million | +1.95% |
| Total Change | $- | 26.36% |
Book Value vs Market Value Analysis
This analysis compares Sally Beauty Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.84x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.46x to 1.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-09-30 | $2.58 | $14.10 | x |
| 2002-09-30 | $3.20 | $14.10 | x |
| 2003-09-30 | $3.77 | $14.10 | x |
| 2004-09-30 | $4.37 | $14.10 | x |
| 2005-09-30 | $5.05 | $14.10 | x |
| 2006-09-30 | $5.59 | $14.10 | x |
| 2007-09-30 | $-4.21 | $14.10 | x |
| 2008-09-30 | $-3.85 | $14.10 | x |
| 2009-09-30 | $-3.36 | $14.10 | x |
| 2010-09-30 | $-2.51 | $14.10 | x |
| 2011-09-30 | $-1.16 | $14.10 | x |
| 2012-09-30 | $-0.61 | $14.10 | x |
| 2013-09-30 | $-1.72 | $14.10 | x |
| 2014-09-30 | $-2.12 | $14.10 | x |
| 2015-09-30 | $-1.88 | $14.10 | x |
| 2016-09-30 | $-1.86 | $14.10 | x |
| 2017-09-30 | $-2.63 | $14.10 | x |
| 2018-09-30 | $-2.17 | $14.10 | x |
| 2019-09-30 | $-0.50 | $14.10 | x |
| 2020-09-30 | $0.13 | $14.10 | x |
| 2021-09-30 | $2.46 | $14.10 | x |
| 2022-09-30 | $2.66 | $14.10 | x |
| 2023-09-30 | $4.65 | $14.10 | x |
| 2024-09-30 | $5.88 | $14.10 | x |
| 2025-09-30 | $7.65 | $14.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sally Beauty Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 24.66%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.29%
- • Asset Turnover: 1.29x
- • Equity Multiplier: 3.62x
- Recent ROE (24.66%) is below the historical average (42.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 19.20% | 6.12% | 2.22x | 1.41x | $42.79 Million |
| 2002 | 16.98% | 5.87% | 1.99x | 1.46x | $40.20 Million |
| 2003 | 15.85% | 5.89% | 1.96x | 1.37x | $39.70 Million |
| 2004 | 13.40% | 5.02% | 1.90x | 1.40x | $26.69 Million |
| 2005 | 12.94% | 5.17% | 1.84x | 1.36x | $26.43 Million |
| 2006 | 10.95% | 4.64% | 1.77x | 1.33x | $9.60 Million |
| 2007 | 0.00% | 1.77% | 1.79x | 0.00x | $121.26 Million |
| 2008 | 0.00% | 2.93% | 1.73x | 0.00x | $147.87 Million |
| 2009 | 0.00% | 3.76% | 1.77x | 0.00x | $160.66 Million |
| 2010 | 0.00% | 4.93% | 1.83x | 0.00x | $189.96 Million |
| 2011 | 0.00% | 6.54% | 1.89x | 0.00x | $235.62 Million |
| 2012 | 0.00% | 6.61% | 1.71x | 0.00x | $244.57 Million |
| 2013 | 0.00% | 7.21% | 1.86x | 0.00x | $291.50 Million |
| 2014 | 0.00% | 6.55% | 1.85x | 0.00x | $280.70 Million |
| 2015 | 0.00% | 6.13% | 1.83x | 0.00x | $264.87 Million |
| 2016 | 0.00% | 5.64% | 1.85x | 0.00x | $250.56 Million |
| 2017 | 0.00% | 5.46% | 1.85x | 0.00x | $251.44 Million |
| 2018 | 0.00% | 6.56% | 1.87x | 0.00x | $284.90 Million |
| 2019 | 0.00% | 7.01% | 1.85x | 0.00x | $277.66 Million |
| 2020 | 733.31% | 3.22% | 1.21x | 187.47x | $111.70 Million |
| 2021 | 85.44% | 6.19% | 1.36x | 10.14x | $211.78 Million |
| 2022 | 62.51% | 4.81% | 1.48x | 8.78x | $154.19 Million |
| 2023 | 36.29% | 4.95% | 1.37x | 5.36x | $133.73 Million |
| 2024 | 24.41% | 4.13% | 1.33x | 4.44x | $90.56 Million |
| 2025 | 24.66% | 5.29% | 1.29x | 3.62x | $116.46 Million |
Industry Comparison
This section compares Sally Beauty Holdings Inc's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $866,355,577
- Average return on equity (ROE) among peers: 86.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sally Beauty Holdings Inc (SBH) | $823.57 Million | 19.20% | 2.46x | $1.36 Billion |
| Able View Global Inc. Class B Ordinary Shares (ABLV) | $7.74 Million | 76.78% | 1.27x | $8.70 Million |
| Alimentation Couchen Tard Inc A (ANCTF) | $3.22 Billion | 17.81% | 2.28x | $37.28 Billion |
| Arhaus Inc (ARHS) | $3.03 Million | 248.25% | 87.69x | $382.69 Million |
| Arko Corp (ARKO) | $194.89 Million | -22.34% | 8.48x | $238.69 Million |
| Academy Sports Outdoors Inc (ASO) | $857.04 Million | 2.50% | 2.78x | $3.28 Billion |
| BARK, Inc. (BARK) | $203.74 Million | -15.41% | 0.25x | $89.87 Million |
| Build-A-Bear Workshop Inc (BBW) | $88.73 Million | 0.29% | 2.35x | $438.23 Million |
| Bath & Body Works Inc. (BBWI) | $2.27 Billion | 20.34% | 0.80x | $4.13 Billion |
| Best Buy Co. Inc (BBY) | $1.82 Billion | 21.73% | 1.66x | $12.17 Billion |
| Big 5 Sporting Goods Corporation (BGFV) | $3.67 Million | 519.38% | 69.22x | $29.90 Million |